Marketplace Morning Report for Thursday, July 16, 2009

Former Treasury Secretary Henry Paulson is on Capitol Hill this morning defending some of the actions he took early on in the economic crisis. Stacey Vanek-Smith talks all things Paulson with Ken Wheaton of Advertising Age.

It's been called the Sears Tower since 1973, even though Sears moved out more than a decade ago. How do Chicagoans feel about the name change? Stacey Vanek-Smith asks Tanya Santiago, a waitress at the White Palace Grill about six blocks away.

JP Morgan Chase announced its first increase in two years, while Harley Davidson's profits were down a staggering 91 percent. Mitchell Hartman explores these and other facets of today's earning report.

Three separate bills in Congress are focused on reopening GM and Chrysler dealerships shut down by the companies' recent bankruptcies. Alisa Roth talks to auto industry specialists to try to figure out why.

A job fair in D.C. today is attracting legions of prospective employees, and not just because of the poor job market. John Dimsdale explores changing views of the federal government and why people are becoming more interested.

Iceland's parliament will decide today whether to apply to join the E.U. The fiercely independent country resisted E.U. membership for years, but the economic meltdown is coercing Icelanders to change their tune. Stephen Beard reports.

In this corner, an investor who sees benefits to China's $600 billion stimulus. In the other corner: a finance professor warning of the pitfalls of loose credit in the plan. Scott Tong further explores these sides of China's recovery debate.

With the U.S. government unwilling to help CIT, the small to mid-size business lender has given its debt-holders 24 hours to come up with $2 billion in emergency financing -- or else. Mitchell Hartman explores the consequences of not paying up.

New Jersey Governor Jon Corzine is facing a tough battle for re-election, thanks in part to his bad financial reputation. But his Republican opponent hasn't offered much of a plan to help where Corzine is viewed as insufficient. Jeremy Hobson reports.

In addition to its name change, Chicago's Willis Tower (formerly the Sears Tower) is getting a $350 million green makeover. Adriene Hill reports on the retrofitting it and other famous buildings are undergoing.

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